GLD vs GTU/cef

Hey Guys

Looking to make a play on gold and I'm wondering what the best way to do this is. My probaem with GLD is as a Canadian invester, if the USD falls against the CAD (which I think is likely), I would obviously lose money. So I like the central fund of Canada (cef) which also holds silver, and the Central gold fund (gtu) as I can buy them in CAD, but there admin costs seem to be much higher then Gld and therefore don't track the gold price as closely. Any thoughts are much apreciated but I am not looking for a discussion about paper vs physical, or whether or not to buy gold.

 

Thanks